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Onity Group Inc.(ONIT)

Description: Onity Group Inc., a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. It operates through, Servicing and Originations segments. The company provides commercial forward mortgage loan servicing, reverse mortgage servicing, special servicing, and asset management services for to owners of mortgage loans and foreclosed real estate, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans classified as loans. It also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels. It serves primarily under the PHH Mortgage and Liberty Reverse Mortgage brands. The company was formerly known as Ocwen Financial Corporation and changed its name to Onity Group Inc. in June 2024. Onity Group Inc. was founded in 1988 and is headquartered in West Palm Beach, Florida.


Keywords: Asset Management Services Loan Mortgage Loan Servicing Retail Channels Reverse Mortgage

Home Page: www.onitygroup.com

1661 Worthington Road
West Palm Beach, FL 33409
United States
Phone: 561 682 8000


Officers

Name Title
Mr. Glen A. Messina CEO, President & Chair of the Board
Mr. Sean Bradley O'Neil Executive VP & CFO
Mr. Dennis Zeleny Executive VP & Chief Administrative Officer
Mr. Scott William Anderson Executive VP & Chief Servicing Officer
Mr. Aaron D. Wade Executive VP & Chief Investment Officer
Mr. Francois Grunenwald Senior VP & Chief Accounting Officer
Mr. Joseph J. Samarias J.D. Chief Ethics Officer, Chief Legal Officer, Executive VP & Company Secretary
Ms. Jenna D. Evans Executive VP, Chief Risk & Compliance Officer
Mr. Richard J. Bradfield Executive Vice President of Strategic Initiatives
Mr. Andrew James Peach Executive VP of Originations & Chief Lending Officer

Exchange: NYSE

Country: US : United States of America

Currency: US Dollar ($)

Forward PE: 0
Trailing PE: 0
Price-to-Book MRQ: 0.5202
Price-to-Sales TTM: 0.228
IPO Date: 1996-09-25
Fiscal Year End: December
Full Time Employees: 4300
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